Finance Manager Job at Commercial Bank of Eritrea

Job Overview

Commercial Bank of Eritrea is seeking a qualified and results-driven Finance Manager to join its growing financial operations team in Eritrea. This opportunity is ideal for professionals searching for banking jobs in Eritrea, finance manager jobs, financial management careers, commercial banking vacancies, accounting jobs, and corporate finance positions.

The Finance Manager will be responsible for overseeing financial planning, budgeting, compliance, reporting, and internal financial controls to support effective banking operations. The successful candidate will play a strategic role in maintaining financial accuracy, ensuring regulatory compliance, and supporting organizational financial performance.

Professionals seeking finance jobs in banks, financial analyst careers, bank accounting jobs, treasury management roles, budget management jobs, and senior finance officer opportunities are encouraged to apply.

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Job Details

Position: Finance Manager
Company: Commercial Bank of Eritrea
Location: Eritrea
Job Type: Full-Time
Industry: Banking / Financial Services
Career Level: Mid-Senior Level
Experience Required: 3–5 Years
Education Required: Diploma

Job Purpose

The Finance Manager will oversee the bank’s financial operations by ensuring accurate financial reporting, effective budget management, cash flow optimization, and compliance with internal and external financial regulations. The role involves managing accounting systems, supervising finance staff, and contributing to strategic financial decision-making.

This role is suitable for candidates seeking finance manager jobs in banks, banking administration careers, financial controller jobs, accounts management roles, corporate finance opportunities, and financial operations management positions.

Key Duties and Responsibilities (Job Description)

Financial Planning & Budget Management

• Prepare and manage annual and quarterly budgets.
• Monitor departmental expenditures and financial performance.
• Support strategic financial planning and forecasting activities.
• Analyze operational costs and recommend cost-saving measures.

Financial Reporting & Analysis

• Prepare accurate monthly, quarterly, and annual financial reports.
• Maintain financial records and ensure proper bookkeeping standards.
• Conduct financial analysis and performance reviews.
• Provide management with financial insights for decision-making.

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Accounting & Compliance

• Ensure compliance with banking regulations, accounting standards, and internal policies.
• Oversee reconciliations of financial statements and bank records.
• Support internal and external audit processes.
• Ensure proper tax compliance and financial documentation.

Cash Flow & Treasury Management

• Monitor cash flow and liquidity management.
• Oversee banking transactions and financial risk controls.
• Support treasury functions and financial resource allocation.
• Ensure efficient management of financial assets and liabilities.

Team Leadership & Financial Operations

• Supervise finance and accounting staff.
• Support employee performance management and mentoring.
• Coordinate with internal departments to improve operational efficiency.
• Promote strong financial governance and accountability practices.

Risk Management & Internal Controls

• Implement internal control systems to reduce financial risk.
• Identify and address financial discrepancies or irregularities.
• Ensure adherence to fraud prevention and financial security procedures.

Education Requirements

Applicants should possess:

Required Qualification

• Diploma in:
  • Finance
  • Accounting
  • Business Administration
  • Banking and Finance
  • Economics
  • Or a related discipline

Preferred Qualifications

Additional certifications in finance, accounting, or banking will be considered an advantage.

Examples include:

• Financial Management Certification
• Accounting Certification
• Banking Operations Training

Experience Requirements

Applicants must have:

• 3–5 years of professional experience in:
  • Banking
  • Financial services
  • Accounting
  • Corporate finance
  • Financial management

Preferred Skills & Competencies

Candidates should demonstrate:

• Strong financial reporting and budgeting skills
• Knowledge of accounting principles and banking procedures
• Experience with financial systems and accounting software
• Excellent analytical and problem-solving ability
• Strong communication and leadership skills
• High attention to detail and accuracy

This opportunity is suitable for professionals interested in finance officer jobs, senior accountant positions, bank finance management careers, credit finance jobs, commercial banking employment, and financial planning manager roles.

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Salary and Benefits

Salary: Competitive / Negotiable (Based on experience and qualifications)

Benefits May Include

• Medical support benefits
• Paid leave opportunities
• Pension or retirement contributions
• Professional development support
• Career advancement opportunities in banking

Final salary and employment benefits will be communicated during the recruitment process.

Training and Professional Development

The selected candidate may receive exposure and training in:

• Banking financial systems
• Financial reporting and compliance
• Risk management practices
• Corporate budgeting and forecasting
• Treasury and liquidity management
• Leadership and team supervision
• Financial audit and internal controls

Work Environment

The Commercial Bank of Eritrea offers a professional and performance-driven work environment focused on:

• Financial integrity
• Customer trust
• Regulatory compliance
• Professional excellence
• Team collaboration

How to Apply

Interested candidates should submit:

• Updated Curriculum Vitae (CV)
• Academic and professional qualification documents
• Application letter outlining relevant finance and banking experience

Applicants with experience in financial management, commercial banking operations, and corporate accounting are highly encouraged to apply.

Please Note: Only shortlisted candidates may be contacted for interviews and further assessments.